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    2800 Rochester Rd Topeka, KS 66617

    For Sale
    $400,000

    7 Acres, 30-Unit Potential, Topeka, KS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7-acre parcel in Topeka, Kansas, presents a remarkable multifamily development opportunity. Located at 2800 NW Rochester Rd, in the highly desirable Seaman School District, this land is zoned for duplex and fourplex construction, allowing for a total of approximately 30 units. Detailed architectural plans are included, streamlining the development process and minimizing upfront design costs. The property enjoys a prime location adjacent to major retailers such as Walmart and Dillon's, ensuring high tenant demand and convenient access to shopping and amenities. The area's strong rental market, particularly north of Highway 24, further enhances the investment potential. Future infrastructure improvements are planned, including the widening of Rochester Road to incorporate a center turning lane, enhancing walkability to nearby retail and restaurants at the busy Highway 24 and Rochester Road intersection. This strategic location, combined with the existing plans and zoning, makes this a truly exceptional investment opportunity for developers seeking to capitalize on the robust Topeka rental market. The asking price for this exceptional property is $400,000. The property's address is 2800 NW Rochester Rd, Topeka, KS 66617, situated in Shawnee County.

    Property Features for 2800 Rochester Rd

    General Information

    Property type
    Land

    HighLights

    • 7‑acre multifamily development site in Topeka, KS.
    • Zoned for duplex and fourplex construction, allowing for approximately 30 units.
    • Detailed architectural plans included.
    • Prime location near Walmart and Dillon's, in the Seaman School District.
    • Strong rental market and planned road improvements enhancing accessibility.
    • Asking price: $400,000. Address: 2800 NW Rochester Rd, Topeka, KS 66617.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6724845
    Latitude
    39.0984416

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    FAQs

    What type of property is this?
    Land - 7 Acres, 30-Unit Potential, Topeka, KS
    Where is this land located?
    The property is located at 2800 Rochester Rd Topeka, KS.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 7-acre multifamily development site in Topeka, KS.; Zoned for duplex and fourplex construction, allowing for approximately 30 units.; Detailed architectural plans included.
    Request Owner's contact information
    2800 Rochester Rd Topeka, KS 66617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2800 Rochester Rd Topeka, KS 66617
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